Canadian engineering company Bombardier, following the results of the first quarter, reported on net profit growth 7.3 times to 44 million dollars, the finversia.ru project wrote with reference to the company's accounts. Diluted profit in terms of one ordinary share was 1 cent compared to zero profit a year earlier. Quarterly revenues amounted to 4 billion 28 million dollars, increased by 11.7% in annual terms. The head of the company, Elaine Belmar, commented on the quarterly results: “We have successfully reached the middle of our financial recovery plan with improved financial performance and a clear vision of functioning and growth”.
American Airlines will cut 30% of its workforce including management and support staff27.05.2020
National Bank of Canada, Scotiabank surpass forecast despite profit decline19.05.2020
J.C. Penney plans to permanently close its 242 stores amid bankruptcy12.05.2020
Japan to approve its first coronavirus antigen test kits on Wednesday